Re:Ask HN: Should we seek funding?
by michael_dorfman on Monday November 01, 2010 @10:33AM
(#1856573)
Only you can make that call. The formula is easy, but there are a few unknown variables.
Think about what you'd do with the money, and put together a realistic estimate of what you'd achieve that way. Compare that to a realistic estimate of what you'd achieve through bootstrapping. Then, figure the equity you'd have to give up, and do the math.
Think about what you'd do with the money, and put together a realistic estimate of what you'd achieve that way. Compare that to a realistic estimate of what you'd achieve through bootstrapping. Then, figure the equity you'd have to give up, and do the math.